Fixed Income Securities

Securities offered through ICBA Securities

Government Guaranteed Loan Products:

  • SBA Pools
  • Development Company Participation Certificates (DCPCs)
  • SBA Loans
  • USDA Loans
  • Small Business Investment Certificates (SBICs)
  • 504 1st Mortgage Pooling Program
  • Vining Sparks Capital I/O Trust

Mortgage-Backed Security (MBS) Trading:

  • GNMA I 30 Yr MBS
  • GNMA II 30 Yr MBS
  • FNMA 30 Yr MBS
  • FNMA 30 Yr Jumbos
  • FNMA 30 Yr Relos
  • FHLMC 30 yr MBSFNMA 20 Yr MBS
  • FHLMC 20 Yr MBS
  • GNMA I 15 Yr MBS
  • GNMA II 15 Yr MBS
  • FNMA 15 Yr MBS
  • FNMA 10 Yr MBS
  • FHLMC 10 Yr MBS
  • FHLMC 15 Yr Relos
  • FNMA DUS
  • Non-Agency RMBS

Adjustable Rate Mortgages (ARMs)

  • FNMA Annual Resets
  • FHLMC Annual Resets
  • GNMA Annual Resets
  • FNMA Hybrids (3/1, 5/1, 7/1 10/1)
  • FHLMC Hybrids (3/1, 5/1, 7/1 10/1)
  • GNMA Hybrids (3/1, 5/1, 7/1)
  • Non-Agency ARMs

Collateralized Mortgage Obligation (CMO) Trading:

  • Fixed Rate Tranches
  • Floating Rate Tranches
  • Derivative Tranches
  • FHLB and FFCB Structured Mortgage Product
  • Non-Agency CMOs
   

Agency Trading:

  • Treasury Bonds
  • Treasury Bills
  • FNMA Benchmarks
  • FNMA Callables
  • FHLMC Reference Notes
  • FHLMC Callables
  • FHLB Taps
  • FHLB Callables
  • Step-Ups & Step-Downs
  • Range Notes
  • Callable Zeros
  • Covered Bonds
  • FHLB MTN
  • Discount Notes
  • Fixed to Float
  • Floaters

Municipal Trading:

  • Bank Qualified / 2% Rule
  • Taxables / BABs
  • General Market

Corporate Trading:

  • Investment Grades
  • Covered Bonds